Tag: DHL

DHL picks Ohio for hub

Posted by | Jun 25, 2004 | |

The heated competition to land the consolidated hub for DHL cargo has been won by the Wilmington, Ohio, airport and lost by Cincinnati/ Northern Kentucky International Airport. The USD200 million DHL facility at the Cincinnati airport will become a “back-up hub,” with its current 1,200 job workforce being reduced through attrition to a 300-worker force by fall 2005, Jonathan Baker, DHL director of corporate communications said today. “That facility is going to be used for the foreseeable future as a backup air hub and sort facility. So we are not closing down CVG,” Baker said. “We currently employ about 1,200 people. About 400 of those are full-time positions and about 800 are part-time positions. We do not anticipate that this announcement is going to lead to involuntary severance,” Baker said, citing the 40 percent attrition rate in the sort center staff. at the Cincinnati airport.

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UPS files new EU complaints over Deutsche Post practices

Posted by | Jun 24, 2004 | |

European Union regulators recently received two more complaints from United Parcel Services Inc against Deutsche Post World Net AG for the alleged hoarding of state funds and monopoly. The filing urges outgoing antitrust head Mario Monti to launch formal inquiries on Deutsche Post, but EU officials have not begun any official investigations to date.

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German Deutsche Post to merge three subsidiaries

Posted by | Jun 24, 2004 | |

Deutsche Post, the German postal service, is planning to merge three of its subsidiaries, Euro Express, Danzas and DHL. The integration of these subsidiaries forms part of the company’s Star programme, with which the company is aiming to increase its profit to 3.6bn euros by 2005. This corresponds to a rise of 1.4bn euros over a period of three years. The subsidiaries are to be merged to form a new company called Deutsche Post Euro Express Verwaltungs GmbH.

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Opening the doors to eastern Europe

Posted by | Jun 23, 2004 | |

Presentation at UK Express Delivery Conference by Claude Begle, DPD/GeoPost.
Contains size of European market, European market share, market shares for UK Benelux, France & Germany, GeoPosts alliances.
P:LibraryUK Express Delivery 04Claude_Béglé.ppt

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DHL set to acquire 100 pc stake in Indian operations

Posted by | Jun 23, 2004 | |

The Foreign Investment Promotion Board (FIPB) has allowed Dutch major DHL Worldwide Express BV to convert its Indian operations into a wholly-owned subsidiary, despite strong opposition from the Department of Posts.

However, it has imposed a condition on the Dutch company, as per which the sale proceeds of the 53,000 shares held by an NRI will have to be remitted to an NRO (Non-Resident Ordinary) account in India.

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